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20130121
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that two things. i think, obviously, going over or hitting the debt ceiling is a big deal, but i think the run up to the debt ceiling, this is what the beige book is telling us, bill, the run-up is a big deal and the whole question. i'm not saying it's -- it's very important to solve these issues, but i think what the market wants, what investors want and probably what the american public wants is an understanding of the process of how we make a decision. i really think at this time our democracy and how we make decisions is entirely up in the air and unclear to most people. if business understood how we got to go, then i think there would be more clarity out there. you could operate a business. >> you know, steve, i have a question to you. i know it's basically fed policy under ben, under chairman greenspan not to wade into the actual mode to solve these issues, but isn't it a bit disingenuous of the fed to talk about all this uncertainty without making any comments as to hey, you guys, you need to deal with the debt. you need to deal -- >> but, they are. bernanke makes that comment a
, so as a for instance, we do not have a deal on the debt ceiling yet. we have no idea what sequestration would mean. apple is leading the market. actually gotten killed. all of these things would be told and needed to be in place in order for the market to go up and are not. i think the story here is very low expectations and investors looking at that three-year number, five-year number and saying the market is way more hospitable than i thought it would be and i need to do something different than what i've been doing all this time. >> all right. rick santelli, your take on this day. your landscape is bigger than just equities. treasury yields have been ticking up. currencies are going higher against the dollar and oil is going higher. what do you make of what's going on today? >> well, one thing just said that has a common denominator with all of those, of course, is liquefying and central bank activity whether it's bank of japan, europe, we see interest rates are up. went from 180 to testing 190. the bund violated 160, hasn't done that for a while. europe's growth is cal
cuts. ahead of the debt ceiling debate alan simpson will join me. we'll get his take on that and a lot more. stay with us. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. . >>> welcome back. okay. some painful news for drug-maker johnson & johnson. cvs says it will not carry its tylenol products in its stores after years of disruption. pfizer is the news of breakup speculation. if you're sho
Search Results 0 to 2 of about 3